Union Pacific Co. (NYSE:UNP) Shares Purchased by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC boosted its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 67.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,615 shares of the railroad operator's stock after purchasing an additional 11,941 shares during the quarter. Tower Research Capital LLC TRC's holdings in Union Pacific were worth $6,753,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the company. World Investment Advisors LLC grew its holdings in shares of Union Pacific by 103.1% in the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator's stock worth $8,770,000 after purchasing an additional 18,060 shares during the last quarter. abrdn plc boosted its holdings in shares of Union Pacific by 9.3% during the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock worth $94,588,000 after purchasing an additional 35,414 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator's stock valued at $44,348,000 after purchasing an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd boosted its stake in shares of Union Pacific by 24.2% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock valued at $63,185,000 after purchasing an additional 53,946 shares in the last quarter. Finally, Pensionfund Sabic raised its position in shares of Union Pacific by 61.5% in the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator's stock worth $2,394,000 after acquiring an additional 4,000 shares in the last quarter. Institutional investors own 80.38% of the company's stock.

Union Pacific Price Performance

Shares of UNP stock traded down $2.10 during trading hours on Friday, hitting $213.35. 3,251,917 shares of the company's stock were exchanged, compared to its average volume of 2,568,981. The firm has a 50 day moving average of $232.43 and a two-hundred day moving average of $235.84. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The firm has a market cap of $127.86 billion, a P/E ratio of 19.24, a P/E/G ratio of 2.15 and a beta of 1.06. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing analysts' consensus estimates of $2.79 by ($0.09). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The company had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. Sell-side analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were paid a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific's dividend payout ratio is currently 48.33%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Wells Fargo & Company decreased their price target on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. Susquehanna reduced their price target on Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a report on Friday. Guggenheim lifted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, January 24th. BMO Capital Markets raised their price target on shares of Union Pacific from $275.00 to $277.00 and gave the company an "outperform" rating in a research report on Friday, January 24th. Finally, Citigroup raised shares of Union Pacific from a "neutral" rating to a "buy" rating and cut their target price for the stock from $260.00 to $244.00 in a research report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Union Pacific has an average rating of "Moderate Buy" and a consensus price target of $255.82.

Insider Buying and Selling at Union Pacific

In other news, EVP Craig V. Richardson sold 6,495 shares of the company's stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $252.00, for a total value of $1,636,740.00. Following the completion of the sale, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.28% of the stock is currently owned by insiders.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.